Analysts are smiling on Q&M Dental and keeping a positive outlook on the stock following its strong 1QFY2021 ended March and its robust Covid-19 testing business.

On May 18, Q&M announced that its 51%-owned subsidiary Acumen was awarded a tender by the Health Promotion Board (HPB) for the provision of Covid-19 swab and testing services. It will be a panel service provider of the HPB in respect of the Covid-19 swab and testing services.

Following this news, shares in surged some 3.6% when the market opened to 72 cents.

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